Summary by Futu AI
Shenzhen International Holdings Limited (Shenzhen International) has released the preliminary announcement of its 2024 interim performance. The announcement shows that in the first half of 2024, the company's revenue decreased by 8.92% compared to the same period in 2023, and the net profit attributable to shareholders decreased by 16.72%. The decrease in revenue and profit is mainly due to the reduction in income from toll road operation, franchised operation construction services, and entrusted construction services. The company's financial strategy is to maintain a reasonable capital structure and enhance profitability to maintain a good credit rating and financial health. The company's revenue mainly comes from toll road services, environmental protection, and construction services. In addition, the company evaluates lease contracts and recognizes right...Show More